In the case of a resale property, the indicated price is an asking price agreed to by the vendor. When buying from a developer, or when the listing concerns multiple properties for sale in a development, condo or complex, the indicated price is the staring price, i.e. the price for the lowest-cost property in that development, condo or complex. Prices mentioned on this website or in other publications of Costas & Casas are offered as a guideline only.
Costas & Casas International Real Estate S.L. does not accept any responsibility for the prices or the descriptions of properties and listings mentioned in its publications which are, as a rule, merely informative and do not constitute, under any circumstances, a binding commitment on the part of Costas & Casas or any of its agents. All information offered on this website and in other publications of Costas & Casas is subject to errors, omissions, or cancellation without notice.
We publish the data of each property as accurately as possible. However we strongly recommend our clients to seek legal advice from a lawyer who will draw up a due diligence report on the property before the purchase is finalized.
Tax Rates & Costs ITP 8% (1) or IVA 10% (2) on resale (ITP) or newly built (IVA) property. The purchase of building plots (land) is subject to an 21% IVA rate.
1) Impuesto sobre Transmisiones Patrimoniales – Tax on Asset Transfers. A rate of 8% applies to properties up to a purchase price of €400,000. Property transactions valued between €400,001 and €700,000 are subjected to an IVA rate of 9% whilst 10% is charged on properties of over €700,001.
2) Impuesto sobre el Valor Añadido – Value Added Tax. A rate of 10% applies to newly-built and off-plan properties.
The purchaser is responsible for the payments of both notary and registry fees. As stipulated by Spanish Law, the vendor is responsible for the payment of all fees and commissions owed to Costas & Casas.
The consumer is entitled to receive a DIA or “Ficha Informativa” and related documentation as per Decree 218/2005 of October 11, 2005, Andalucía. Supporting documentation is available at the address indicated.